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By Michael Drover and Robyn Mohr
With applications, documents, videos, podcasts and other programs, businesses are running into a common problem – limited space (or memory) to host files locally or internally. Many businesses are increasingly looking to “the cloud” as a solution, allowing scalable and secure data storage accessible anywhere via the Internet or via a private network, with a reduction in costs associated with maintaining and acquiring data storage equipment, infrastructure and software. However, cloud computing also raises several unique legal considerations, including data privacy, security, and e-discovery issues. Understanding the legal and regulatory landscape before entering into a cloud relationship will allow businesses to take advantage of the benefits offered by cloud computing while avoiding any unexpected pitfalls down the road.